PANASONIC-CORPORATION

Panasonic and Walt Disney Parks & Resorts announced today that Panasonic
Projection Imaging Systems will be the “Official Projection Technology”
of Walt Disney World Resort in Lake Buena Vista, Fla. and Disneyland
Resort in Anaheim, Calif. As part of a long-term agreement, these Disney
properties will have access to the latest in Panasonic’s market-leading
projectors with advanced image processing and lens solutions.

As a leader in storytelling, Disney creates innovative attractions,
entertainment and magical lands which immerse guests into the worlds of
the stories they love. The aim of pairing Disney’s limitless creativity
with Panasonic’s leading-edge projection technology, is to provide
guests of Walt Disney World Resort and Disneyland Resort with even more
amazing and new entertainment experiences.

“Panasonic is delighted to work with Walt Disney World Resort and
Disneyland Resort in exploring new ways in which its high-performance
projectors may be used to support the Disney storytelling that has
captured the hearts of millions of guests who have visited these iconic
vacation destinations,” said Panasonic AVC Networks Company President
Yasuji Enokido. “The Panasonic brand has earned the trust of generations
and today we have a fresh technology vision to support the creativity
and innovation of the Disney theme parks in the U.S.”

Panasonic already maintains a significant technology presence at Disney
theme park attractions in the U.S., including Finding Nemo Submarine
Voyage at Disneyland Park; Radiator Springs Racers at Disney California
Adventure Park; Haunted Mansion and Seven Dwarfs Mine Train at Magic
Kingdom Park; Frozen Ever After and Gran Fiesta Tour Starring The Three
Caballeros at Epcot; and the upcoming Na’vi River Journey at Walt Disney
World Resort’s newest and most immersive land, Pandora – The World of
Avatar, at Disney’s Animal Kingdom Theme Park.

“Disney creates one-of-a-kind, world-class experiences which inspire
guests to create unique and cherished memories at Walt Disney World
Resort and Disneyland Resort,” said Carlos Castro, vice president,
Disney Corporate Alliances. “We are thrilled to work with Panasonic to
continue to explore exciting and innovative new ways to tell our
stories.”

Panasonic is the worldwide market leader in high-brightness professional
projectors and has continued to hold this position for seven years in a
row. Featuring advanced image processing and distinctive technologies,
they yield enhanced visual quality, significantly longer product life,
and reduced maintenance costs.

About Panasonic
Panasonic
Corporation is a worldwide leader in the development of diverse
electronics technologies and solutions for customers in the consumer
electronics, housing, automotive, enterprise solutions and device
industries. Since its founding in 1918, the company has expanded
globally and now operates 474 subsidiaries and 94 associated companies
worldwide, recording consolidated net sales of 7.553 trillion yen for
the year ended March 31, 2016. Committed to pursuing new value through
innovation across divisional lines, the company uses its technologies to
create a better life and a better world for its customers. To learn more
about Panasonic:http://www.panasonic.com/global
.

About Walt Disney World Resort
Walt
Disney World Resort is a world-class entertainment and recreation center
featuring four theme parks (Magic Kingdom Park, Epcot, Disney's
Hollywood Studios and Disney's Animal Kingdom Theme Park); two water
adventure parks (Blizzard Beach and Typhoon Lagoon); 35 resort hotels
(27 owned and operated by Walt Disney Parks & Resorts, including seven
Disney Vacation Club resort properties); 63 holes of golf on four
courses; two full-service spas; Disney's Wedding Pavilion; ESPN Wide
World of Sports Complex; and Disney Springs. Walt Disney World Resort is
committed to building better futures for children; last year, the
company donated more than $44 million in cash and in-kind support to
non-profit organizations in Central Florida and Disney VoluntEARS
contributed 200,000 hours to community service. Located at Lake Buena
Vista, Fla., 20 miles southwest of Orlando, Walt Disney World Resort
opened Oct. 1, 1971, and is open daily, year-round. For more
information, visit www.wdwnews.com/about.

About Disneyland Resort
The
Disneyland Resort features two spectacular theme parks – Disneyland (the
original Disney theme park) and the reimagined Disney California
Adventure Park – plus three hotels and the Downtown Disney District,
comprising unique dining, entertainment and shopping experiences. The
Resort’s hotels are the luxurious, 948-room Disney’s Grand Californian
Hotel & Spa, which also features 50 two-bedroom equivalent Disney
Vacation Club units; the magical, recently renovated, 973-room
Disneyland Hotel – both AAA Four Diamond properties – and the 481-room
Disney’s Paradise Pier Hotel with its “day-at-the-beach” fun. The
Disneyland Resort is committed to providing opportunities for families
to spend time together. Last year, the Resort donated nearly $20 million
to programs benefitting children and families, and our cast members
volunteered at more than 230 community events. With 29,000 cast members,
the Disneyland Resort is Orange County’s largest employer and generates
$5.7 billion for the Southern California economy. The Resort has
welcomed more than 750 million guests since opening on July 17,
1955. For more information, please visit Disneyland.com
or call (866) 43-DISNEY.